David Depue Email & Phone Number

Chicago, IL, US

Minneapolis, MN, US

• U.S. Bank acquired Bank of America/Merrill Lynch 2011 Bank of America acquired LaSalle Bank 2008 Partner with institutional clients to provide client service on pooled investment vehicles consisting of syndicated bank.
• Manage service execution on an $11B comprehensive portfolio that generates $2M in annual revenue.
• Direct, unify and align the priorities of 4 operational deal teams delivering financial reporting, analytics, daily cash movement, reconciliations and investor payments on 30+ securitized fixed-income transactions.
• Oversee all aspects of client onboarding to align portfolio manager and deal specific requirements with system and team capabilities.
• Execute annual deal review audits to ensure all required deal documents are stored, internal system set up is correct and all internal / external regulations are adhered to.

Minneapolis, MN, US

• Manage client service on a $4 billion comprehensive portfolio consisting of legacy commercial real estate loan and collateralized loan obligation transactions. Built relationships with existing portfolio managers and.
• Provide leadership and guidance to deal team members while facilitating communication and collaboration between operational groups.
• Review, negotiate and manage deal-specific issues Including: - investor payments, investor disputes, investor inquiries, amendments, redemptions, liquidations, events of default.

Minneapolis, MN, US

• Administered the analysis and compliance modeling for a $4.2 billion Collateralized Debt Obligation portfolio to ensure accurate priority of payments, compliance testing and reporting per the governing documents of the.
• Prepared, reviewed and updated investor monthly and note valuation reports for multiple cash flow collateralized loan obligations and commercial real estate deals
• Setup compliance tests new deals according to the individual deal documents.
• Ran hypothetical trade scenarios and confirmed that they were compliant with the deal documents.
• Collaborated with external auditors, portfolio managers, and rating agencies to ensure the accuracy of the portfolio data.
• Coordinated semi-annual deal reviews to analyze and interpret complex governing legal indentures to ensure compliance in all aspects of the portfolio and prevent potential reporting errors.

Minneapolis, MN, US

• Performed daily cash account reconciliation, bank loan trade processing, wire releases and monthly reporting for a $1.5 billion comprehensive portfolio of collateralized loan obligation transactions.
• Directed cash reconciliations and researched discrepancies on multiple collateralized debt obligation deals, which improved reporting accuracy and reduced financial reporting posting timelines.
• Researched and corrected four years of internal money movements on multiple deals to update reported database cash outages versus actual cash balances to ensuring the correct portfolio balances.
• Updated and rebuilt Excel financial models assigned to specific portfolios so that they were structured correctly according to their governing indentures.
• Coordinated with all areas of trust fixed-income operations ensuring accuracy of security movement, income collections, trade settlements, swap confirmations and wire processing.

London, GB

• Led projects from the analysis phase through testing and implementation for defined contribution plan redesigns.
• Successfully implemented changes and upgrades to both defined contribution plans and health and welfare plans while ensuring that government regulations, system functionality, client requirements and client deadlines.
• Overhauled entire defined contribution plans with redesigns, converted the participant data into the plans on tight deadlines for seamless transitions to the participants and internal ongoing delivery team.

London, GB

• Created, executed and led team projects on complex test plans for internal systems testing based on client requirements and system capabilities to identify issues and defects during the implementation phase of.
• Provided ongoing support for the current system by troubleshooting identified problems, finding ways to improve efficiency and processing while acting as a subject matter expert for new system components.

• Addressed and resolved customer problems involving billing, payments, machine leases, and machine service.
• Served as a member of a GE Green Belt project that assessed leased buyouts, mapped out the lease buyout process and successfully implemented changes at key control points thus reducing total cycle time by 50%.

• Responsible for working with vendors on an assigned portfolio of accounts to collect overdue receivables with varying age ranges.
• Negotiated settlement terms with multi-million dollar accounts.
• Set payment terms to vendors for overdue receivables, allowing continued machine service while terms were met.

• Registered Series 7 and Series 63 broker, determined client’s financial service needs while specializing in selling Private Placement securities to accredited investors.
• Expanded understanding of financing and marketing of private companies looking to raise capital and developed marketing plans for prospective investors.